MTN Group Achieves Significant Service Revenue Growth in H1 2025, Powered by Nigeria, Ghana, and Fintech
MTN Group, a leading telecommunications provider in Africa, has reported impressive financial results for the first half of 2025, announcing a substantial 22.4% increase in service revenue. This growth highlights the company’s resilience and strategic successes, particularly in key markets like Nigeria and Ghana, coupled with innovative advancements in its fintech ventures. Despite facing economic headwinds, including inflation and currency fluctuations across several operating regions, MTN Group has demonstrated its capacity to navigate challenges and maintain positive momentum.
Strong Performance in Key Markets and Financial Highlights
The robust service revenue increase for H1 2025 is a direct result of positive performance in Nigeria and Ghana. MTN Group’s strategic investments and operational efficiency in these markets have yielded significant returns. Beyond service revenue, the company has also achieved an impressive turnaround in earnings. Headline earnings per share skyrocketed by over 350%, moving from a loss in the first half of 2024 to a healthy 645 cents in 2025. This dramatic shift underscores MTN’s improved financial management and operational effectiveness. Encouraged by these favorable results, MTN has revised its future guidance, signaling continued confidence in its strategic direction and long-term prospects.
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